jojofang0901

DOTUSD Fail To Continue After ATH, Reversal Possible

Short
KRAKEN:DOTUSD   Polkadot / U. S. Dollar


Hello traders:

Similar like ETH, we can see DOT's price has reach ATH , but did not continue upwards after.

Instead, we see a potential double tops, and a Head and Shoulder developing. Good signs of bearish reversal possibility.

Wait for the right shoulder to develop, as a bearish continuation correction on the lower time frame,
that can be the confirmation to enter if price develops into the right price action.

Thank you
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